Statement on global market fluctuations
As the global markets see fluctuation right now due to the perceived economic impact of the coronavirus, our Board of Directors, Investment Committee, and staff want to assure donors and nonprofit endowment partners that the Quad Cities Community Foundation focuses on making investments in the community with an eye toward the long-term well-being of our region.
We set distributions on a 20-quarter trailing average to empower the Community Foundation to be in a strong position to continue serving and supporting our community in the near- and long-term, despite the up and down of global markets.
Our Investment Committee, made up of local finance professionals and members of our Board of Directors, will continue to monitor our investments in the days and weeks ahead. FEG, our investment consultants, has produced the following white papers that provide more background.